09:48:47 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Great Panther Silver Ltd
Symbol GPR
Shares Issued 137,590,919
Close 2012-07-25 C$ 1.65
Market Cap C$ 227,025,016
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Int'l Speculator refreshes Great Panther buy

2012-07-26 18:07 ET - In the News

The International Speculator, in its July 6, 2012, issue, refreshes its buy of Great Panther Silver Ltd. at $1.73, officially, "Best buy." The newsletter said buy three times between May 2, 2006, and July 2, 2007, at prices ranging from $1.81 to $2.30. It then said sell on May 1, 2008, at $1.08. Assuming an investment of $1,000 for each of the three buys, the Speculator's sell yielded a loss of $1,502. The newsletter then said buy on Sept. 5, 2011, at $2.87, and again on March 5, 2012, at $2.65. Assuming another two investments of $1,000 each, the holding is worth $1,244. The Speculator's writer goes over the press releases and notes a lack of news from the company. The most notable aspect of Great Panther's affairs is the stock became a lot cheaper "on market volatility." He figures Great Panther is on sale and expects "material value-adding news" this year. With the San Ignacio project in Mexico advancing toward production and adding to its resource base, he remains bullish on the company's prospects. This is a good time to buy. Fellow newsletter writer Jay Taylor said buy five times between May 1, 2004, and April 18, 2011, at prices ranging from 41 cents to $3.86; along the way he sold half his position.

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